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Explore how the OpenChain specification serves as a powerful tool for Intellectual Property (IP) management in this informative talk. Discover how to effectively communicate with your organization's IP team using a shared language. Learn about the OpenChain (ISO/IEC : 5230) standard and its application as a foundation for managing and leveraging Open Source dependencies as IP assets. Walk through the OpenChain specification, examining its relevance to IP management and gaining insights on engaging with IP and legal teams to foster support for license compliance. Understand how adopting the OpenChain specification can provide tangible business value to in-house IP and legal departments. Equip yourself with strategies to promote OpenChain adoption within your organization, including persuasive arguments and potential pitfalls to avoid. For organizations that have already implemented OpenChain, find inspiration to further leverage this adoption for increased business value.